By: ICN Bureau
Last updated : August 01, 2021 10:15 am
The capital expenditure for the abovementioned expansion is estimated to be Rs. 263 crore.
The Board of Directors of Dalmia Bharat Sugar and Industries Ltd has considered and given in-principal approval to set up two grain based distilleries with a capacity of 100 KL each to produce around 6 crore litres of ethanol, which is expected to be commissioned in next 15-18 months.
Existing installed capacity is around 10 crore litres, which is expected to get increased to 15 crore litres post implementation of distillery expansion plan already approved in the earlier board meetings. Now with this 200 KL grain-based distilleries, expanded capacity will be around 21 crore litres.
The capital expenditure for the abovementioned expansion is estimated to be Rs. 263 crore which will be financed partly by way of internal accruals and partly through debt.